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Saturday, February 07, 2004

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
NMCE ties up with HDFC Bank for warehouse receipts
QUIXOTIC Quotes, the Srinagar terminal of the National Multi Commodity Exchange of India (NMCE), will use HDFC Bank's new loan products for warehouse receipts. The bank will be extending finance up to Rs 50 lakh against rubber and pepper ... More

ANIMALS & LIVESTOCK
Endangered species
A farmer takes his cows for grazing. There has been a substantial fall in domesticated animal wealth in the State. Hybrid variety cattleheads dropped by 10.73 per cent and the local species by 29.94 per cent. The decline in the case of buffalo is ... More

CULTIVATION
Wheat, rabi pulses, oilseed coverage up
AFTER a good kharif harvest, the country appears headed for a satisfactory rabi crop too. Barring jowar, the area under almost all rabi crops has shown an increase. According to an Agriculture Ministry statement, besides a normal monsoon ... More

RUBBER
Rubber exports exceed 50,000 t
RUBBER export from the country has exceeded 51,000 tonnes during the current fiscal. This includes the period till January 2004. The target fixed for 2003-04 was 50,000 tonnes. As per the present indications, rubber export might be over 60,000 ... More

Rubber prices rebound
PHYSICAL rubber prices made a come back on Friday. RSS 4 closed at Rs 50.00 against Rs 49.50 on Thursday. All the grades recovered the previous days losses as sellers refused to part with their stock below Rs.50 level. Scattered buying helped ... More

FOODGRAINS
Save grain campaign
THIRUVANANTHAPURAM: The Save Grain Campaign under the Department of Food and Pubic Distribution will give a 10-day stipendiary training to 50 farmers of Ettumanoor grama panchayat in Kottayam district from February 10 to 19. As part of ... More

COTTON
Cotton acreage seen rising
ENCOURAGED by high international cotton prices, world acreage and production of the fibre crop is expected to expand rapidly in 2004-05; and for the same reason world consumption during the year will remain flat, leading to a stock build up. ... More

OILSEEDS & EDIBLE OIL
Edible oil imports recover; palmolein arrivals double
AFTER having declined in last November and December due to seasonal factors, edible oil imports into the country rebounded last month. According to import data made available to Business Line by the industry portal Oilmandi.com, January ... More

SPICES & CONDIMENTS
Conflicting pepper output reports affect markets
UNCERTAINTY prevails in the pepper market world over on conflicting reports of availability and production. A couple of weeks ago, the prices were pushed up artificially by reports of low production in Vietnam. US market sources have forecast an ... More

EVENTS
`Organic Bazar' today in Thiruvananthapuram
THIRUVANANTHAPURAM: The city-based Thanal Conservation Action and Information Network, in association with the Institute for Integrated Rural Development, Aurangabad, will organise an `organic bazar' in Thiruvananthapuram on Saturday, Ms ... More

TRENDS
Strike chokes eucalyptus oil trade
EUCALYPTUS oil trade in the country has come to a standstill, with producers intensifying their stir by launching hunger strikes. The bulk of the oil used by the pharmaceutical industry comes from the Nilgiris. With the Nilgiri producers ... More




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